Property Type:
Location:
Auction Date:Auction Details
Recommendation:Calculated OpportunityScore: 6.8
Auction ID:609951
Bank Name:State Bank of India
Branch Name:Centralised Retail Asset Monitoring Cell (CRAMC)
Reserve Price:₹20,95,650
EMD:₹2,09,565
Bid Increment:₹25,000
Auction Time:11:30 a.m. to 12:30 p.m.
Service Provider:BAANKNET
Important Dates
Submission Date:2025-12-02
Bid Start Date:2025-12-03
Property Description
This is a residential flat located in Ambattur Taluk, Tiruvallur, Tamil Nadu. The property is being auctioned by the State Bank of India under SARFAESI rules. It presents an opportunity for potential buyers to acquire a flat in this region. Further details regarding the specific location, size, and amenities of the flat can be obtained from the official auction notice.
State:Tamil Nadu
City:Tiruvallur
Area:Ambattur Taluk
Asset Category:Residential
Full Address:15, Thiruvalluvar Apartments, TNHB Ambattur Phase I & Phase II Scheme, LIG Flat No. 15, First Floor, Block No.L-31, Thiruvalluvar Apartments, TNHB Ambattur Phase I & Phase II Scheme, Ayapakkam, Ambattur, Chennai-600053, Ambattur, Chennai
Building/Society:Thiruvalluvar Apartments, TNHB Ambattur Phase I & Phase II Scheme
Size:515 Sq. ft.
Auction Description
The State Bank of India is conducting an online SARFAESI auction for a residential flat in Ambattur Taluk, Tiruvallur, Tamil Nadu. The auction will take place on December 3, 2025, with bidding starting at 11:30 AM and closing at 12:30 PM. The reserve price for this property is ₹20,95,650, and the Earnest Money Deposit (EMD) required is ₹2,09,565. This auction provides a chance to purchase the asset formerly belonging to Mr. P.K. Thiyagarajan.
Borrower Name:Mr. P.K. Thiyagarajan
Auction Type:SARFAESI Auction
Legal Details
Possession Status:Symbolic
Encumbrance Details:NIL
Why This Property
The property is a LIG flat in Ambattur, Chennai, offered at a reasonable reserve price, making it a calculated opportunity. While the location has potential, the LIG status suggests a specific target market. Auction terms are standard, making it a straightforward investment option for those familiar with the area.
Contact Details
Branch:Branch Office : Centralised Retail Asset Monitoring Cell (CRAMC)
Service Provider:BAANKNET
Contact Details:
Mrs. Umaa Gopal
Contact no:9442649601
